There's not too much to read into the corporate maneuvering, which took place in September and was revealed recently in regulatory filings, according to the Guardian: News Group Newspapers, which ran the NOTW, is little more than a defendant in potentially thousands of hacking lawsuits. And though Times Newspapers Limited, which runs the Times, is still a going concern, James remains on the board of News International and insiders tell the Guardian that the resignations are part of a "tidying up" process as he prepares to move back to New York City. Where daddy can keep an eye on him.